Canaccord Genuity analyst Aravinda Galappatthige maintained a Hold rating on Thomson Reuters (TRI – Research Report) today and set a price target of $149.00. The company’s shares closed today at $158.51.
According to TipRanks, Galappatthige is an analyst with an average return of -1.8% and a 46.39% success rate. Galappatthige covers the Communication Services sector, focusing on stocks such as BCE, Rogers Communication, and Cineplex.
Currently, the analyst consensus on Thomson Reuters is a Hold with an average price target of $153.33.
See the top stocks recommended by analysts >>
The company has a one-year high of $161.03 and a one-year low of $112.47. Currently, Thomson Reuters has an average volume of 295.1K.
Based on the recent corporate insider activity of 117 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TRI in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Thomson Reuters (TRI) Company Description:
Thomson Reuters Corporation is a multinational media conglomerate which engages in providing news and business information services to professionals. It offers value-added information and technology to users in the fields of accounting, financial services, law, tax, corporate training and assessment, reference information, higher education, scientific research and healthcare.
Read More on TRI:
- Thomson Reuters has $8B qar chest for AI-focused deals, FT reports
- Thomson Reuters to host investor day
- Thomson Reuters Releases 2023 Annual Report
- JPMorgan business/info services analysts hold analyst/industry conference call
- Thomson Reuters Successful Acquisition of Pagero Paves the Way for Significant Growth Opportunities
